logo
logo

Caliber To Acquire 17 Collision Repair Centers From Autonation

Oct 26, 2021•over 3 years ago

Acquiring Company

Caliber

Acquired Company

Collision Repair Centers

LewisvilleManufacturing

Description

Caliber is pleased to announce that it will acquire up to 17 collision repair centers from AutoNation during the fourth quarter 2021. The transaction includes a long-term agreement for AutoNation to refer collision customers to those centers and for Caliber to continue to purchase parts from AutoNation. After years of many successful auto dealership transactions, Caliber Collision has a proven record of fostering long-lasting relationships with dealerships from coast-to-coast. “We are proud to team with AutoNation and welcome over 220 new teammates to the Caliber family as part of executing our growth strategy,” said Caliber CEO and President Mark Sanders.

Company Information

Company

Caliber

Location

Lewisville, Texas, United States

About

Caliber's portfolio of brands has grown to more than 1,800 centers nationwide, offering a full range of complementary automotive services. These include Caliber Collision, the nation's largest auto collision repair provider across 41 states, and Caliber Auto Glass, which specializes in glass repair and replacement. With the purpose of Restoring the Rhythm of Your Life®, Caliber's more than 30,000 teammates are committed to getting customers back on the road safely—and back to the rhythm of their lives. Dedicated to providing an outstanding customer experience, Caliber continues to rank among the highest customer satisfaction scores in the industry.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Related People

Troy hidden

Shawn hidden

hidden

Casey hidden

hidden